505 W Bijou Street, Colorado Springs, CO 80905
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
Listed by: elizabeth reeder
Office: colorado homestead realty
MLS#:8860481
Source:ML
Price summary
- Price:$550,000
- Price per sq. ft.:$231.68
About this home
Downtown Colorado Springs Income-Ready Remodel with Rare ADU Flexibility. Where lifestyle, location, and income potential meet—just minutes from downtown Colorado Springs and Old Colorado City. Completely remodeled and move-in ready, this rare dual-living property offers the perfect blend of modern comfort and investment opportunity in one of the city’s most walkable and desirable locations. The main level features 2 bedrooms and 1 bathroom across 1,058 sq ft, thoughtfully updated with a clean, modern aesthetic throughout. Upstairs, the fully finished 780 sq ft ADU offers a private 1-bedroom, 1-bath residence with its own separate exterior entrance and kitchen, making it ideal for rental income, multi-generational living, or a private guest suite. Together, both units create a flexible living setup rarely found this close to downtown—allowing homeowners to offset their mortgage or investors to operate a true duplex-style rental in a high-demand area. Set on a 5,000 square foot lot, the property includes off-street rear parking and two storage sheds, adding convenience and functionality that’s hard to find in this central location. Whether you’re looking to house hack, invest, or enjoy a fully updated home with built-in income potential, this property delivers unmatched versatility in a prime Colorado Springs corridor....
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Home facts
- Year built:1904
- Listing ID #:8860481
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Flooring:Tile, Vinyl
- Kitchen Description:Dishwasher, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
- Basement:Yes
- Basement Description:Crawl Space, Partial, Unfinished
- Living area:2,374 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1904
- Building area:2,374 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Traditional
- Construction Materials:Frame, Stucco
- Exterior Features:Covered, Front Porch
- Levels:2 Story
Schools
- High school:Coronado
- Middle school:West
- Elementary school:West
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$231.68
- Tax amount:$1,205 (2024)
Features and amenities
- Amenities:Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Total parking spaces:4
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